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Pancakeswap integrates with Transak to ease crypto purchases with fiat

Key takeaways Pancakeswap has integrated with Transak for fiat onboarding on multiple chains. Users can now purchase cryptocurrencies with debit cards, Google Pay, Apple Pay and other methods via Transak. Pancakeswap integrates with Transak Decentralised exchange PancakeSwap has integrated with Transak, a developer integration toolkit that allows users to buy/sell crypto in any app, website or web plugin. Transak is now part of the Pancakeswap “buy crypto ” tab, enabling Pancakeswap users to purchase crypto currencies using a wide range of payment options. According to the  announcement , Pancakeswap users can now purchase cryptocurrencies with fiat currencies using numerous options such as credit cards, bank transfers, Google Pay, and Apple Pay. This isn’t the first fiat purchase option integrated by Pancakeswap. The decentralised exchange had previously integrated Mercuryo and MoonPay into its platform, with Transak now the t...

Shiba Inu: SHIB Could Easily Reach $0.01 if This Happens

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Shiba Inu’s growth in the indices is tied to several factors that could make or break the token. The factors include circulating supply, burning tokens, widespread adoption, attracting new investors into its fold, and market conditions, among others. Each factor plays a significant role in helping SHIB sustainably scale up the charts. If all these criteria are met and run well, then Shiba Inu could begin deleting its ‘zeroes’ and reach $0.01. Also Read: Shiba Inu: What’s Stopping SHIB From Reaching $0.01 and $1? Explained Nonetheless, Shiba Inu failed to delete its fifth ‘zero’ in the last six months and is struggling to reach $0.00001. So how will SHIB reach $0.01, you may ask? Well, data from the Coin Perspective has the answer to the million-dollar question. However, according to the data, SHIB might hit the $0.01 mark only if it meets certain criteria. In this article, we will explain what SHIB needs to do to reach the $0.01 milestone. Shiba I...

Bank of Russia wants to ‘avoid super-close attention’ with CBDC

As sanctions have cut Russia off from the global economy, the local central bank hopes its digital currency will help it revive international trade. The Bank of Russia is working on a way to use its digital ruble for cross-border trades to “ avoid super-close attention ” from U.S. regulators. A deputy chairman of Russia’s central bank, Vladimir Chistyukhin, said on Sept. 21 that the central bank basically wants to circumvent sanctions with the digital ruble. Per a report by RussHowever, he admitted that the idea would not work without involving the other “friendly” party. “In this regard, [with the digital ruble] we could avoid super-close attention at least from Western banking systems. But this requires serious political will from regulators and leadership of these friendly countries in order to achieve mutual interoperability of these operating systems.” Vladimir Chistyukhin You might also like: North Korean hackers turn to...

Ethereum Wallet Wakes Up After 8 Years With 522210% Gains

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According to crypto analysis firm LookOnChain, a dormant Ethereum (ETH) wallet woke up after 8 years, transferring 32.1 ETH to Coinbase. LookOnChain highlighted that the wallet is an ETH ICO (Initial Coin Offering) participant and that it had received 200 ETH during the token’s “Genesis.” The analysis firm also notes that the wallet “appears to be related to shemnon.eth,” aka Danno Ferrin. Ferrin is an Ethereum Core Developer and has formerly worked at Oracle, Google, and Consensys. The price of Ethereum ( ETH ) during its ICO days was around $0.31. This brings the cost of 32.1 ETH at that time to about $9.95. The value of the 32.1 ETH today’s value is roughly $52,000. This translated to a growth of approximately 522210% , which is an incredible return on the initial investment. The wallet still has about 167.9 ETH in its possession, which is worth around $271,830. Also Read: Best Place to Stake Ethereum An Ethereum ICO participant who ...

Number Go Up: Finally, a great book on crypto

The problem with writing about cryptocurrency is that it’s complex. It’s economics meets cryptography, meets memes, meets extreme political ideologies, meets gambling, meets tech bros. And it’s genuinely difficult to parse one of these concepts without inevitably running into another and ultimately ending up in a mess and saying pretty much nothing at all. Which is why Zeke Faux’s Number Go Up is not only a breath of fresh air but quite possibly the best book ever written about the cryptocurrency industry. Cryptocurrency vs the cryptocurrency industry Crypto advocates may well argue that Number Go Up doesn’t necessarily go into detail about how Bitcoin and Ethereum work, how smart contracts are deployed, and why Crypto currency can change finance. And they may be right. But that’s not the point of the Book . Number Go Up is investigative journalism meets non-fiction and the goal isn’t to espouse the benefits and issues of specific protocols, but instead to examine under a mic...

Crypto accounts for 70% of South Korea’s overseas assets

The National Tax Service (NTS) of South Korea has revealed that 70% of the country’s overseas assets are in cryptocurrency. According to an official statement, the country holds $98 million worth of crypto abroad, as reported by nearly 1,400 individuals and corporations. The NTS said that out of the 186.4 trillion won ($140 million) in assets held by 5,419 entities in foreign financial accounts . The types of holdings included stocks, crypto, deposits, and savings. Of the reported funds, 130.8 trillion won ($98 million) were in crypto. You might also like: South Korean regulators focus on OTC crypto market South Korea’s crypto journey The relationship between South Korea and cryptocurrency has been challenging. The country has experienced ups and downs in its crypto market, with tightening government regulations threatening a potential shutdown at one point. The government’s presidential committee has called for robust crypto regulations to encourage...

Shiba Inu’s Shibarium Records Nearly 700% Growth in Smart Contracts

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Despite encountering issues during its initial launch, Shibarium has somewhat flourished due to its rapidly increasing adoption. Data provided by Shibariumscan revealed an astonishing 678.18% increase in the number of newly confirmed contracts. This surge has propelled the overall count of confirmed contracts on Shibarium to a historic peak of 428. Source As seen in the chart, the total count of confirmed contracts stood at 55 on Sept. 1. Nevertheless, the Shibarium network has consistently experienced an upward trend since that time. This remarkable ascent can be linked to a sudden surge in newly validated contracts, which witnessed an astounding 533% spike within just a 24-hour period on Sep. 18. Just the day before, the count was a mere 3, but it quickly escalated to 19. This is certainly bullish for the Shibarium network. Verified smart contracts not only enhance the dissemination of information but also convey the core objectives of these contracts. This transparency provides ...